Financial Services

November 17, 2017

Africa Update: Ghana budgets $13.9bn in 2018

The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting […]
November 15, 2017

World Update: Global factoring volume hits €2.37 trillion

Worried by the slow-paced growth of small and medium enterprises in Nigeria and other African countries, stakeholders have argued in favour of adoption of new and […]
November 14, 2017

Africa Update: South Africa’s Treasury turmoil sends rand to one-year low

South Africa’s rand tumbled more than one percent and the risk premium on government bonds soared on Monday over news of a top Treasury official resignation, […]
November 14, 2017

Africa Update: South Africa’s Eskom not insolvent but facing cashflow trouble

South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the […]